Corporate & Securities Law

NDRC's Antitrust Practice

Posted on March 07, 2011
Posted by D. Daniel Sokol Zhou Zhigao & Wan Jiang (National Development and Reform Commission, P.R.C.) discusses NDRC's Antitrust Practice. ABSTRACT: Over two years have passed since the Anti-Monopoly Law ("AML") entered into effect on August 1, 2008...

Unraveling the Jurisdictional Riddle of China's Antitrust Regime

Posted on March 06, 2011
Posted by D. Daniel Sokol Richean Li (Univ. of International Business & Economics) has posted Unraveling the Jurisdictional Riddle of China's Antitrust Regime. ABSTRACT: Explaining how China enforces its antitrust law is not an easy task: the most difficult problem...

Interview with Ning Wanglu, Director General of the Anti-Monopoly and Anti-Unfair Competition Enforcement Bureau of the State Administration for Industry and Commerce (SAIC)

Posted on March 06, 2011
Posted by D. Daniel Sokol The current issue of the Antitrust Source has an Interview with Ning Wanglu, Director General of the Anti-Monopoly and Anti-Unfair Competition Enforcement Bureau of the State Administration for Industry and Commerce (SAIC).

Competition Law and the State: 18 & 19 March 2011, Hong Kong

Posted on March 05, 2011
Posted by D. Daniel Sokol A Global Competition Law and Economics Series Conference: Competition Law and the State 18 & 19 March 2011, Hong Kong Welcome and Introduction Professor Dame Hazel Genn DBE QC (Dean, UCL Faculty of Laws) &...

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Big Changes in India's Merger Control Regime

Posted on March 05, 2011
Posted by D. Daniel Sokol I received an email from Indian competition law specialist Pallavi Shroff (Amarchand Mangaldas) late last night. She mentioned the following important development: The Government of India late last night issued a notification bringing into force...

Fines: New Case Extending Company Liability in the Name of the ?Economic Unit? Concept and Reversing Prior Case Law on Admissible Arguments

Posted on March 04, 2011
Posted by D. Daniel Sokol Antoine Winckler (Cleary) describes Fines: New Case Extending Company Liability in the Name of the ?Economic Unit? Concept and Reversing Prior Case Law on Admissible Arguments. ABSTRACT: A company has the right to challenge in...

Keeping Pace with SAIC: Monopoly Agreements and Abuses of a Dominant Position

Posted on March 04, 2011
Posted by D. Daniel Sokol Ninette Dodoo (Clifford Chance) explores Keeping Pace with SAIC: Monopoly Agreements and Abuses of a Dominant Position. ABSTRACT: Since the introduction of China's Anti-Monopoly Law ("AML") in August 2008, much of the precedent and practice...

Just Another Brick in the Wall: Communications with In-house Lawyers Remain Unprotected by Legal Privilege at the European Union Level

Posted on March 04, 2011
Posted by D. Daniel Sokol Luis Pais Antunes (PMLJ) explores Just Another Brick in the Wall: Communications with In-house Lawyers Remain Unprotected by Legal Privilege at the European Union Level. ABSTRACT: As decided by the ECJ, legal privilege does not...

Pricing, Advertising, and Market Structure with Frictions

Posted on March 04, 2011
Posted by D. Daniel Sokol Pedro Gomis-Porqueras (School of Economics, Australian National University), Benoit Julien (School of Economics, University of New South Wales), and Chengsi Wang (School of Economics, University of New South Wales) have posted Pricing, Advertising, and Market...

Self-Disclosure at International Cartels

Posted on March 03, 2011
Posted by D. Daniel Sokol Steffen Brenner, Copenhagen Business School explores Self-Disclosure at International Cartels. ABSTRACT: We study revelation behavior at illegal international cartels. Our hypotheses suggest that a resource advantage induces executives of large multinational enterprises (MNEs) to be...

Transatlantic Antitrust: Past and Present: Remarks as Prepared for St Gallen International Competition Law Forum

Posted on March 03, 2011
Posted by D. Daniel Sokol Rachel Brandenburger (DOJ) discusses Transatlantic Antitrust: Past and Present: Remarks as Prepared for St Gallen International Competition Law Forum. ABSTRACT: Today the USA and the EU have largely consistent policies directed at promoting consumer welfare...

Injunctions at the Request of Third Parties in EU Competition Law

Posted on March 03, 2011
Posted by D. Daniel Sokol Caroline Cauffman, Universities of Maastricht and Antwerp explains Injunctions at the Request of Third Parties in EU Competition Law. ABSTRACT: The European Commission recently made significant efforts to encourage the private enforcement of EU competition...

Antitrust Law and the Promotion of Democracy and Economic Growth

Posted on March 03, 2011
Posted by D. Daniel Sokol Niels Petersen of the Max Planck Institute for Research on Collective Goods has written on Antitrust Law and the Promotion of Democracy and Economic Growth. ABSTRACT: There is a considerable debate in the legal literature...

Interview with Shang Ming, Director General of the Anti-Monopoly Bureau Under the Ministry of Commerce of the People?s Republic of China

Posted on March 03, 2011
Posted by D. Daniel Sokol The current issue of the Antitrust Source has an Interview with Shang Ming, Director General of the Anti-Monopoly Bureau Under the Ministry of Commerce of the People?s Republic of China.

COLLUSION ON PRIVATE HEALTH INSURANCE COVERAGE IN CHILE

Posted on March 02, 2011
Posted by D. Daniel Sokol Claudio A. Agostini, Eduardo Saavedra, & Manuel Willington, Alberto Hurtado University - Econ describe COLLUSION ON PRIVATE HEALTH INSURANCE COVERAGE IN CHILE. ABSTRACT: In September 2005, the Chilean Competition Authority filed a lawsuit against five...

The Problem of Search Engines as Essential Facilities: An Economic & Legal Assessment

Posted on March 02, 2011
Posted by D. Daniel Sokol Geoffrey A. Manne, Executive Director, International Center for Law & Economics (ICLE), Lecturer in Law, Lewis & Clark Law School discusses The Problem of Search Engines as Essential Facilities: An Economic & Legal Assessment...

Making friends with your neighbors? Agglomeration and tacit collusion in the lodging industry

Posted on March 02, 2011
Posted by D. Daniel Sokol Li Gan (Texas A&M - Econ) and Manuel A. Hernandez (IFPRI) ask and discuss Making friends with your neighbors? Agglomeration and tacit collusion in the lodging industry. ABSTRACT: Agglomeration is a location pattern frequently observed...

Of Pleading and Discovery: Reflections on Twombly and Iqbal with Special Reference to Antitrust

Posted on March 02, 2011
Posted by D. Daniel Sokol Richard Epstein (University of Chicago, NYU) has recentled penned Of Pleading and Discovery: Reflections on Twombly and Iqbal with Special Reference to Antitrust. ABSTRACT: This Essay explores the evolving influence of Twombly and Iqbal on...

Interview with Xu Kunlin, Director General of the Department of Price Supervision of the National Development and Reform Commission (NDRC)

Posted on March 02, 2011
Posted by D. Daniel Sokol The current issue of the Antitrust Source has an Interview with Xu Kunlin, Director General of the Department of Price Supervision of the National Development and Reform Commission (NDRC).

Second Annual Chicago Forum on International Antitrust Issues, June 9-10, 2011

Posted on March 02, 2011
Posted by D. Daniel Sokol The Searle Center on Law, Regulation, and Economic Growth will host the Second Annual Chicago Forum on International Antitrust Issues on Thursday, June 9-Friday, June 10, 2011. The Forum will be held at Northwestern University...

Further Reflections on the Impact of the EC Horizontal Cooperation Guidelines on Intellectual Property Rights and Innovation

Posted on March 02, 2011
Posted by D. Daniel Sokol Richard Taffet (Bingham McCutchen) offers Further Reflections on the Impact of the EC Horizontal Cooperation Guidelines on Intellectual Property Rights and Innovation. ABSTRACT: The European Commission has now issued its Guidelines on the applicability of...

Making Health Care Reform Work: Accountable Care Organizations and Competition

Posted on March 01, 2011
Posted by D. Daniel Sokol David Balto (Center for American Progress) Making Health Care Reform Work: Accountable Care Organizations and Competition. ABSTRACT: Almost 40 years ago Justice Thurgood Marshall wrote that the antitrust laws are a ?consumer welfare prescription...

Sunk Costs, Market Contestability, and the Size Distribution of Firms

Posted on March 01, 2011
Posted by D. Daniel Sokol Ioannis N. Kessides, World Bank and Li Tang, describe Sunk Costs, Market Contestability, and the Size Distribution of Firms. ABSTRACT: This paper offers a new economic explanation for the observed inter-industry differences in the size...

THE EFFECT OF COMPETITION LAW ENFORCEMENT ON ECONOMIC GROWTH

Posted on March 01, 2011
Posted by D. Daniel Sokol Tay-Cheng Ma, Department of Economics, Chinese Culture University analyzes THE EFFECT OF COMPETITION LAW ENFORCEMENT ON ECONOMIC GROWTH. ABSTRACT: To identify the effect of competition law on productivity growth, this article conducts a cross-country study...

Competition Policy in Russia: Historical Sources, the Current State, and Evolutionary Perspectives

Posted on March 01, 2011
Posted by D. Daniel Sokol Yuri Rubin & Denis Matvienko (Moscow University of Industry and Finance) has written Competition Policy in Russia: Historical Sources, the Current State, and Evolutionary Perspectives. ABSTRACT: In structured market systems, state competition policy is an...

Trust, Salience and Deterrence: Evidence from an Antitrust Experiment

Posted on March 01, 2011
Posted by D. Daniel Sokol Sven-Olof Fridolfsson, Research Institute of Industrial Economics (IFN), Maria Bigoni, University of Bologna - Department of Economics, Chloe Le Coq, Stockholm School of Economics, SITE, and Giancarlo Spagnolo, University of Rome 'Tor Vergata', EIEF, Stockholm...

More price competition can benefit spatial duopolists when the consumer preferences are uncertain

Posted on February 28, 2011
Posted by D. Daniel Sokol Michal Krol (Manchester - Economics) has posted More price competition can benefit spatial duopolists when the consumer preferences are uncertain. ABSTRACT: This note considers the e¤ect of the demand faced by Hotelling duopolists varying in...

History-Friendly Model of the Evolution of the Pharmaceutical Industry: Technological Regimes and Demand Structure

Posted on February 28, 2011
Posted by D. Daniel Sokol Christian Garavaglia (University of Milano-Bicocca, Faculty of Statistics - KITeS, Bocconi University, Milan, Italy), Franco Malerba (KITeS, Bocconi University, Milan, Italy - Bocconi University, Department of Economics), Luigi Orsenigo (KITeS, Bocconi University, Milan, Italy -...

The Institutional Design of European Competition Policy

Posted on February 28, 2011
Posted by D. Daniel Sokol Antonio Manganelli, Antonio Nicita, and Maria Alessandra Rossi (EUI) explore The Institutional Design of European Competition Policy. ABSTRACT: This paper analyzes the institutional design of the European competition policy system...

Advances in price time series tests for antitrust market definition

Posted on February 28, 2011
Posted by D. Daniel Sokol Willem H. Boshoff (Department of Economics, University of Stellenbosch) describes Advances in price time series tests for antitrust market definition. ABSTRACT: Market definition is an important first step in any competition policy investigation...

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